Sonic R. System

gbpusd
Waiting for a HLH or LHL

EJ showing signs of a Long.

Pablo

Looks like I may get stopped out with this short.
Yep, stopped out. I think the SL was just too tight.

Not on my charts?
It's being pulled down by UJ and EU and is subject of to fold? given the amount of Euro news.

Edit: Ignore the TP's on this screen grab, they've moved when zooming in.

short gbpusd
long eurjpy

TP1 Hit to the pip FE 162

Thanks for sharing

my wish for the new Year is that this thread gets more peaceful, & the Sonikers more close to each other..
Happy Holidays all!

DD & Rasta - Make love, Not war

EUR/JPY: SL@BE

eurjpy : put my SL at BE
gbpusd : my sl was hit

Yep, good answer - I'll set them up and you knock them in,DD!

Maybe I should introduce myself to this thread and explain a little about my style.

I'm a Business Process Analyst by day - I design and refine systems.
I'm very direct and naturally ask lots of questions. I make statements in order for them to be corrected or confirmed.
I like to stimulate healthy debates because I learn what's good, bad, important and not so through this. It also helps others do the same. Whilst this approach can be exhausting for me and my staff, they really like working this way and I do too - or so they say in their 360's.

So apologies in advance, I have a natural tendency to do the same on here, all in the interest of learning, improving and ultimately sharing.

I've been around Forex for several years but never had time to solely focus on it. I've monitored this thread for 5 months as a lurker - for some reason you don't have to be a member to download stuff on ForexFactory. I also like threads ...James16 and TraderDante (Pinbar wizard).

Sonic, this is a great thread. Thanks for the ultimate share.
Let's not kill it with kindness but respect that others learn at different paces and in different styles.

........and besides, I have loads more questions to ask :-)

Pablo
p.s. Pablo is my nickname given to me many years ago by an American lady friend.

Well, after a rather unpleasant morning, I got my head back to my charts and stalked GU till it popped. I am out and done for the day.

CCI divergence along with the Large picture WAVE view got me in.

hello guyz h r u all of here i wanna say just one thing is that for specially new soonikers do trading with the help of Higher TF like 4 HR and Daily chart s&r

1st. look Daily and 4 hr chart and confirm that Market ranging or trendy mrkt.

2nd. After confirmation markt then come into 15 min chart and find wave which is called Sonic R wave from ( SUPPORT and RESISTANCE ).

sorry my bad English , hope its help new soonikers

Muhammad

UJ Short -
For - Failed to make Higher High. Triple Top Resistance
Against - Still could be a 61.8 Fib Retrace and Continuation

Tks Muhammad, your English is very ok So far you guys seem to hitting so many right trades. I have tried 4 trades and stop out of 3, the most recent one is todays EUR trade. Its not as easy as it looks. But I'll keep trying .

This was a nice sonic R trade...

15 min Cable entry at 1.6280.

SL hit -18 pips.

SL shouldn't be too close!!!

Sonic

So true.
Where would you have put it?

Edit:
I suspect (know) DD would have gone to BE soon as Price showed a reluctance to fall.
I've just copied his trade commentary from last night into my notebook. I just need to practise what is preached

A/U Trade today

Hi M.
Tks for sharing your trades .
I have read your post about looking at Higher TF .
On the H4 , I see a strong downtrend ....of course it can turn up at any moment , but I would not have entered long ...
What do you see on the H4 chart ?
Your EP > I see you do not wait for price to break the previous H but just to close above the dragon ... can you pls comment on that ?
Tks
David